ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Learning From The History Of Outsourcing - History of Outsourcing - The Long History of Outsourcing

Updated on August 22, 2010

Learning From The History Of Outsourcing - History of Outsourcing - The Long History of Outsourcing

Since when did the outsourcing business actually started?

Outsourcing is said to have been around a few thousand years ago and many business owners of the earlier times had already practiced this kind of set-up. People during the ancient times understood the importance of outsourcing as they themselves have realized it is impossible to meet their needs on their own. People with specific skills have started offering their services to other countries in exchange for an equivalent service as well. Thus, outsourcing began.

Outsourcing was already in demand back in the Industrial Revolution in Europe in the 1750 to 1900s due to the high demand in producing goods. Since then many companies have decided that they should outsource their business specific functions such as legal needs, accounting, and insurance to third party companies specializing in the said fields. It was, however, done just within the country since offshore outsourcing was not yet an open idea for them that time.

It was in the middle of the 20th century when some companies worldwide welcomed the idea of offshore outsourcing. Developed countries showed more interest and need in manufacturing at a low cost goods from developing nations. Companies started to be more open to the concept of outsourcing since it helped developing countries increase employment and also their levels of income. Education levels and the skills of workers in developing countries has dramatically improved. Developing countries' governments have started creating competitive infrastructures that is necessary for the company to maximize their profits.

The years have gone by which saw the steady rise of offshore business outsourcing . The IT revolution and computer technology played a key role in the development of outsourcing. Companies started outsourcing their business specific functions to offshore and third party service providers such as human resource, accounting, and data processing. The management of the company’s core activities, however, remained under their care and supervision.

One of the best business trends as of today is offshore outsourcing. Outsourcing has advanced and moved into the world of call centre, information technology, and data transcription ever since the days of manufacturing businesses' needs. Outsourcing is not only helping people find employment, it is also helping companies gain more profit since they are saving a lot from the cost of wages and benefits. Companies now started to outsource their main business functions so as long as it would entail more benefits and profits for the company. Needless to say, outsourcing has really become an essential part of a large organization.

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      wtf? 

      6 years ago

      That was the dumbest shit I've ever took the time to read.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)